Legal Tip 409

 Legal tip 409. Good for Murcia Appeals Court in favour of consumers! 

07 December 2010 @ 16:35 

Another good new today, a Court decission by Murcia Appeal Court by which it is established ( this has Case Law value), in accordance with other jurisdictions in Spain, that penalty clauses when consumers do not complete on off plan purchase contracts can be just of legal interests level ( 4-5% of amounts paid) 

This.... against what many contracts in the Murcia area established : loss of the total amounts paid by consumer to developer.

Again in application of Consumer Law and good faith and balance contract principles.

Again... another proof of a healthy legal system :)

Cheers!

Maria

“Playa de los Alemanes” (Atlanterra, Zahara de los Atunes, Cádiz), by Luis López -Cortijo

Hi Maria

Thanks for your info but I think a healthy legal system would not have left thousands of buyers out of pocket to the tune of 52 million euros for years.